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Transition in FSU and sub-Saharan countries: The role of institutions

Laurila, Juhani - EconWPA - 2002

This study compares transition processes in countries of Central and Eastern Europe, the former Soviet Union (FSU) and sub-Saharan Africa. By widening the scope from most- to least-developed transition economies, the study establishes the importance of a strong state with evolved institutional...

Persistent link: https://www.econbiz.de/10005076830

Context Matters – Rethinking the Resource Curse in Sub-Saharan Africa

Basedau, Matthias - EconWPA - 2005

Natural resources in sub-Saharan Africa suffer from a bad reputation. Oil and diamonds, particularly, have been blamed for a number of Africa’s illnesses such as poverty, corruption, dictatorship and war. This paper outlines the different areas and transmission channels of how this so-called...

Persistent link: https://www.econbiz.de/10005125845

Institutions and Agricultural Productivity in Sub-Saharan Africa

Fulginiti, Lilyan E.; Perrin, Richard K.; Yu, Bingxin - EconWPA - 2005

Agricultural productivity in 41 Sub-Saharan Africa (SSA) countries from 1960 to 1999 is examined by estimating a semi-nonparametric Fourier production frontier. Over the four decades the estimated rate of productivity change was 0.83% per year, although the average rate from 1985-99 was a strong...

Persistent link: https://www.econbiz.de/10005407719

Uncertainty, Trade, and Capital Flows in Sub-Saharan Africa

Cuddington, John T.; Liang, Hong; Lu, Shihua - EconWPA - 1996

In most African economies, both agricultural production and the terms- of-trade are highly uncertain. This paper re-examines the implications of such uncertainty for the optimal mix of production and trade under alternative assumptions about international capital flows. The ultimate objective is...

Persistent link: https://www.econbiz.de/10005556608

The Rise in Returns to Education and the Decline in Household Savings

Chanda, Areendam - EconWPA - 2005

This paper explores the consequences of rising returns to human capital investment on the personal savings rate. Over … to argue the presence of 'skill biased technological progress'. The literature explaining household savings has also … negative relationship between returns to education and savings rates across most of the past century and also a negative …

Persistent link: https://www.econbiz.de/10005076792

SAVINGS MOBILIZATION ROLE OF NIGERIAN COMMERCIAL BANKS:AN ANALYTICAL POLICY STUDY

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003

MOBILIZING DOMESTIC SAVINGS FOR DEVELOPMENT AND THE CONSTRAINTS IN THE EFFICIENT PERFORMANCE OF THIS ROLE. EMPIRICAL EVIDENCE …

Persistent link: https://www.econbiz.de/10005076971

Estimating and testing intertemporal preferences: A unified framework for consumption, work and savings

Chin, William - EconWPA - 2004

profit function rationalizing consumption, labor supply and savings is specified, estimated and used to test commonly …

Persistent link: https://www.econbiz.de/10005125687

What Drives Long-term Capital Flows? A Theoretical and Empirical Investigation

Verdier, Genevieve - EconWPA - 2003

, contrary to a pure neoclassical model, domestic savings should act as a complement rather than a substitute to capital inflows …

Persistent link: https://www.econbiz.de/10005126431

Refuting the Trade Deficit Rationale

Mills, W. Raymond - EconWPA - 2004

Commission. 'The savings shortfall argument falsely presumes that causation goes from savings to the trade deficit'. The savings … shortfall argument is support by nothing more than reasoning by analogy from the pre-trade closed economy. The equation Savings … irrelevant the low level of savings as reported by the National Income and Product Accounts. …

Persistent link: https://www.econbiz.de/10005062657

MANAGEMENT & DEVELOPMENT OF HAPPINESS : A PRIORITY IN SOCIO-ECONOMIC DEVELOPMENT

Dr.VSR.Subramaniam - EconWPA - 2005

). Domestic investments should be from Domestic Savings. Domestic Technology should be manned by Domestic Manpower. These could …

Persistent link: https://www.econbiz.de/10005408439